Egg Prices See Largest Monthly Decline in 72 Years

The price of one kitchen staple is dropping at a historic rate. In May, egg prices had their largest monthly decline in 72 years. Ricky Richardson, CEO of South Carolina-based Eggs Up Grill, joined Cheddar News to discuss the state of play in the egg industry as prices fall while food costs overall are on the rise again. Egg prices are "returning to more normal levels now, we're running down about 40% on a year-over-year basis," he said.

More In Business

How the Retail Space is Shaping Up This Holiday Season

Managing Director at Wells Fargo, Adam Davis, joins Cheddar to discuss how both the consumer and retailer are approaching shopping's busiest time of the year.

Big Business This Week: Who’s Gonna Pick Your Fruit?

The economic cost of deporting immigrants. Plus, Elon had another busy week, inflation is complicated, and endless shrimp meets its end.

NBA Commissioner: ‘We Measure Ourselves Against the Biggest Brands’

NBA Commissioner Adam Silver talks Emirates partnership, stance on social media, and why Amazon is the league's next growth opportunity.

Exclusive: NBA Commissioner Says "We Measure Ourselves Against the Biggest Brands in the World"

NBA Commissioner Adam Silver talks Emirates partnership, stance on social media, and why Amazon is the league's next growth opportunity

Costco Just Recalled 80,000 Pounds of Butter for a Surprising Reason

The retailer announced a voluntary recall of almost 80,000 pounds of butter due to its packaging not having the phrase “Contains Milk.”

The Value Wars Rage on for Fast-Casual Food Chains

Food Chains around the world are racing to add value to their menus options, but why? And how? Bob Wright, CEO of Potbelly joined Cheddar to discuss.

Load More